HERMITAGE 2003 budget

The city has introduced a 2003 spending plan totaling $9,016,312, reflecting a $470,000 increase in spending without raising taxes. Major items in the budget (with 2002 numbers in parentheses) include:
REVENUE
Earned income tax: $4,100,000 ($3,850,000).
Property tax: $1,118,000 ($1,118,000).
Per capita and other taxes: $1,012,000 ($812,000).
Beginning cash balance: $1,512,725 ($1,461,614).
SPENDING
Police: $1,937,336 ($1,843,514).
Capital improvements: $1,975,657 ($1,637,565).
Streets: $1,453,210 ($1,481,674).
Insurance: $1,341,979 ($1,383,918).
Planning and development: $459,703 ($420,769).
Buildings and grounds: $338,497 ($302,184).
Fire: $327,522 ($341,807).
General government: $316,283 ($295,469).
Source: City of Hermitage